Rising unemployment is just one outcome of minimum wage mandates. Capital accumulation and labor productivity will also be hurt. 

The fact that gold can be used for, say, industrial purposes does not mean it has "real value" while more intangible goods and services have none.

If Europe wants to build wealth for its poorest members, it needs private entrepreneurship. But entrepreneurs need exactly the opposite of the Keynesian plan for building a European superstate. 

Rothbard recognized that money and exchange could not develop without first establishing private property. So Rothbard also recognized that it was important to develope theories of how private property might come about. 

Normally the boosters of renewable energy point with pride to Texas, yet when wind collapsed during the deep freeze, suddenly even its biggest fans admit that nobody ever thought it could do the same job as natural gas.

Medical doctor Keith Smith returns to the show to explain how government intervention allows insurance companies to distort health care prices. 

Much of the harm is disguised by focusing on forecasts of higher aggregate income for the poor. Individuals, on the other hand, are another story. 

Think of Minneapolis and Portland and then apply that model nationwide. Then you have an idea where progressive radicals want to take us. 

Christopher Snowdon joins the show to discuss his position on lockdowns, which has surprised many and put him at odds with other libertarians.

Medical doctor Keith Smith returns to the show to explain how government intervention allows insurance companies to distort health care prices.